Oct 18, 2012 3:00pm EDT
. john ford, they did pay $12.5 billion for motorola mobility. they're trying to make that work as well. we're about 90 seconds away from the reopening here. >> they are. that's going to be one of the things that gets a lot of focus because of the more than $.5 billion loss there. there are a number of issues on the cost side. investors wondering on how much of an impact we'll see like on cost per click. >> on the motorola, it's not really a loss. it's a write down on the cost of that. that could prove to be -- because they're acquiring a platform linked to android. they really are thinking about the next ten years of bringing together search on a mobile platform that they now currently own and control and write the software for one of the most ubiquitous mobile platforms in the world. >> we are waiting for google to reopen. >> that it true. that is true. >> zach, you're going to kill me for this, but you're the trader. you're the guy that has to make these split -second decisions. how is this going to reopen? >> look, i'd take a 10% down on google as a real opportunity to look at this.
Oct 19, 2012 3:00pm EDT
on mobile were actually really good. their problems were with motorola mobility pmplt all right. so it doesn't really give you any info there. let's talk about these charts. google and facebook. what with do you like in terms of the technicals. >> i like google, but let's look at facebook. you don't have to be an expert to know this does not look too good. a lot of clients say we might be puts in a base. is that true? i don't think so. i think we're setting up for another leg lower. the reason i say that is the simple issue of supply and demand. when facebook came to market, a lot of shares flushed the market. not that much demand, pushed lower. you moved ahead to november, we're also going to see another lock expire and more shares hit the market. with no demand, we think it's going to go lower. >> so both. you want to be expecting lower lows here. >> yes, exactly. >> is there anything you would say, you know, represents some kind of a buying opportunity that you would say, okay, now might be the time to get in on these names? >> i wouldn't be looking at facebook until it drops under 15. >>